Brokerage Reminder: Be trust (fund) worthy
loading...
loading...
Did you know improper trust fund handling is consistently ranked in the top ten violations investigated by the Department of Real Estate (DRE)? Don’t get caught unawares — read on, and brush up!
Trust funds are monies or other things of value you hold in trust as a licensed broker on behalf of your clients. Requirements for handling trust funds are very strict.
End of free preview
The rest of this content is only available to first tuesday Members. If you are a current first tuesday Member, please login above.
Not a current Member? For only $29.50, our Annual Membership includes access to:
- the first tuesday journal;
- over 350 first tuesday real estate forms;
- over 35 FARM letters; and
- a 16-book reference library and more!
To sign up, visit firsttuesday.us!
loading...
loading...
About The Author
Fernando Nunez
is first tuesday's in-house Broker Consultant. Fernando has over 20 years' experience in California real estate, including the single family residence sales, mortgage loan origination, investment properties and commercial leasing. Fernando assists the editorial staff with real estate writings and writes first tuesday's weekly Brokerage Reminder series.
Leave a Reply
-
Brokerage Reminder: Get your old files ready for the new year
-
Brokerage Reminder: Have you checked your expiration date lately?
-
Real(i)ty check: resurrect the DRE Code of Ethics
-
Three trust deeds, same property, same 8:00 AM recording, and separately indexed share same priority
-
Broker management of trust fund account placement